News and Analysis
#SFSNYC: Verve’s Mark Fruehan Talks Being a Tactician in Location-Based Advertising
Mobile and local offer huge opportunities in potential revenue to advertisers smart enough to capitalize on them. But location data will ultimately hold value for marketers only if its collection and analysis rests on accurate audience identification, said Mark Fruehan, executive vice president of enterprise platforms at Verve, at Street Fight Summit Wednesday.
#SFSNYC: Broadly CEO: Brick-and-Mortars Need to Become Messaging Centers
Phone calls and contact forms are dead, but what about websites? Not so much, said Josh Melick, CEO of Broadly, at Street Fight’s annual summit in New York Wednesday. With this trend showing no signs of stopping, websites—especially those of local businesses—need to become messaging centers.
#SFSNYC: The Growing Power of SMB OS
Until recently, brick-and-mortar shopping relied on the digital world for advertising functions and not much else. But now, local retail has a new digital arena—the full-service operating system. Three leaders in this expanding set of technological solutions for SMBs laid out the state of the field, known as SMB OS, at Street Fight Summit in New York Wednesday.
Commentary
How Local Search Looks to the Rest of Us
It seems like many recent conversations, webinars, articles, and studies have pointed to the same conclusion: local search as an industry is insufficiently aware of how its products are actually used by consumers and small businesses. Many of the solutions put forward by consumer-facing local publishers and by business-facing services overestimate our appetite for new products and the amount of time and energy we want to spend using online tools…
Local Media’s Data-Driven Future
New value creation is the purpose of media companies today, whether small or big. I genuinely feel sorry for those who believe there is a future in practicing content creation alone. Last week, I called for a strategic makeover. We need a new strategic plan that positions us as more than “just” a media company and behind which our employees can throw their energy. So here are ten things that I view as tactically supporting such a strategy…
Customization Failure: Why Hyperlocal Hasn’t Scaled (Yet)
Most customization that attempts to deliver hyperlocal, or even just local results, falls short. The problem is that they (and we) don’t have much more or better local content and advertising to output than we did in the days before social media and smartphones. A tool is built to operate on a national scale, but the landscape of finding the local information is messy and chaotic, lacking structured data, or consistent geographic coverage…
Latest Posts
Street Fight Daily: Twitter Eyes SMBs, 7-Eleven Creates Venture Arm
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… Twitter Learns From Facebook by Revamping Its Advertising Fees for Small Business (Wall Street Journal)… Oh Thank Heaven, Even 7-Eleven Has a Venture Capital Arm (Recode)… What Foursquare’s Looming Data Mean to Advertisers (AdAge)….
How Seattle’s South King Media Grew From Hobby Into Profitable Mini-Net
Southend was long dominated by “legacy” Robinson Newspapers, which last year was forced to consolidate its Southend print weeklies into one subscription product because of what it called “market forces,” but kept its individual community websites. Meanwhile, Scoot Schafer’s independent “pure-play” South King Media is profitable and growing. Street Fight caught up with Schaefer recently to talk about the different elements involved in successful hyperlocal publishing projects…
Case Study: Boxing Gym Uses Mobile Flyers to Attract Crowds
Paul Wade, the owner of Third Street Boxing Gym in San Francisco, is a self-professed technophobe. But noticed an increase in the number of people coming into his gym with smartphones in their hands, and he had a nagging feeling that there could be better ways to promote his live boxing events than the printed posters and flyers he’d been creating with the help of a graphic designer for the past 10 years…
Street Fight Daily: Foursquare’s New App, Facebook Ads Costlier for SMBs
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… Can Foursquare Crack Local Search? (New York Times)… Facebook Ads Become ‘Costlier’ Choice for Small Businesses (Wall Street Journal)… Yelp Lied About Review Policies to Inflate Stock Price, Lawsuit Claims (GigaOm)…
Hyperlocal Companies Among 500 Startups’ Latest Batch
Silicon Valley seed fund 500 Startups has announced a new round of startups it will be helping navigate through the tough road to sustainable profitability — and they include a number of brand new companies in local commerce, marketing, and tech. Here are a few interesting hyperlocally focused companies from the latest batch…
5 Pet Sitting Marketplaces in the ‘Sharing Economy’
Americans spent more than $55 billion on their pets in 2013, and a number of hyperlocal startups are looking to capture that puppy fever by creating local marketplaces where pet owners are matched up with people who are willing to take care of their pups while they’re out of town. Here are five hyperlocal pet sitting marketplaces getting in on the action…
Street Fight Daily: Shoppers Flee Stores, Gannett Splits Digital Business
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… Shoppers Are Fleeing Physical Stores (Wall Street Journal)… Gannett To Split Print and Broadcast/Digital Divisions (New York Times)… Facebook’s New Video Ads Aren’t Ready for Small Businesses — Yet (Recode)…
As Losses Widen, Groupon Struggles to Redefine Itself
Groupon said Tuesday that losses widened in the second quarter as marketing and sales costs jumped but gross profit remained flat. The culprit, a far less profitable ecommerce business than anticipated, accounted for every dollar of the company’s top-line growth as it struggles to find new footing for its sluggish local deals business…
How the Former CEO of Digg Plans to Win in Local
Earlier this year, Matt Williams, the former CEO of Digg and an Amazon vet, hooked up with a few other former Amazonians to found Pro.com, a local services marketplace that raised $3.5 million from investors that include their former boss Jeff Bezos. Street Fight caught up with him recently to talk about what local can learn from the early days of ecommerce…
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